Chrysler has finally reluctantly agreed to recall 1.56 million cheap vehicles because of a potential problem with exploding gas tanks. Evidently, the vehicles have performance and design defects that could cause deadly fires in rear end collisions. This harkens back to the days of the Ford Pinto and the exploding gas tanks.
It is odd that large manufacturers appear to be reluctant at first in recalling products. One would think that a company like Chrysler would want to put into commerce the safest product that they could create. However, when a problem is discovered such as an exploding gas tank, the companies go through a cost and benefit analysis in determining whether or not it would be cheaper to repair the vehicles or pay lawsuit damages. These types of conditions can result in catastrophic losses for anyone involved in an accident with an exploding gas tank.
Product design cases are very tough and costly to prosecute. However, it would seem that these types of corporations could avoid liability lawsuits if they recognized the problems early on and correct them in a responsible fashion. However, this is an assumption that does not always bare itself out. Contrary to tort reformers, liability lawyers who vigorously pursue product liability cases that result in catastrophic losses are important in keeping corporations in check and operating safely. Consider these attorneys the watchdogs of consumer safety.